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1005 WESTOVER HILLS BLVD
RICHMOND, VA 23225
Asking Price
$650K
Asset Type
Residential Mixed-use
Class
Class B
What's Special
Fully Entitled Mixed-Use Development Opportunity in Westover Hills <p>Land Sale Only – Includes Active SUP, Approved Plans & Development Rights</p><p>Approved for Up to 12 Residential Units</p><p>Approximately 4,500 SF of Ground-Floor Commercial Space</p><p>Medical, Dental, Office, Retail & Restaurant Uses Permitted</p><p>Offered For Sale and For Lease</p><p>Commercial Space Available for Pre-Leasing at $32.00/SF NNN</p><p>Elevator-Served Three-Story Mixed-Use Design</p><p>Outdoor Patio & Dining Areas Approved</p><p>Dedicated Off-Street Parking</p><p>Located wi
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
